The forecasted data indicates a consistent decline in Japan's frozen jack and horse mackerel imports from 2024 to 2028. From 2024's value of 27.771 million USD to 2028's 21.24 million USD, a reduction is evident year-on-year. Analyzing the two-year comparisons: 2025 shows a declining trend of approximately 6%, and 2026 sees a roughly 6.3% reduction. In continuation, the downward progression is nearly 6.6% in 2027 and about 7% in 2028. Calculating the Compound Annual Growth Rate (CAGR) for the five-year span reveals an average annual decline rate of 6%.
Future trends to watch for include fluctuations in global fish supply, Japan’s domestic consumption trends, and potential changes in trade policies or agreements that could impact import dynamics significantly in the mackerel market sector.
